Xplore Technologies Corp (NASDAQ:XPLR) Given a $2.00 Price Target by Roth Capital Analysts
Xplore Technologies Corp (NASDAQ:XPLR) has been assigned a $2.00 price target by investment analysts at Roth Capital in a research report issued on Tuesday. The brokerage presently has a “hold” rating on the technology company’s stock. Roth Capital’s target price points to a potential downside of 14.16% from the stock’s current price.
Several other brokerages also recently issued reports on XPLR. Zacks Investment Research upgraded Xplore Technologies Corp from a “sell” rating to a “hold” rating in a report on Wednesday, August 2nd. ValuEngine upgraded Xplore Technologies Corp from a “strong sell” rating to a “sell” rating in a report on Friday, June 2nd. Finally, Maxim Group set a $4.00 price target on Xplore Technologies Corp and gave the stock a “buy” rating in a report on Thursday, June 1st.
Shares of Xplore Technologies Corp (XPLR) opened at 2.33 on Tuesday. Xplore Technologies Corp has a 12 month low of $1.54 and a 12 month high of $2.99. The firm’s 50-day moving average price is $2.06 and its 200-day moving average price is $2.06. The firm’s market capitalization is $25.60 million.
Xplore Technologies Corp (NASDAQ:XPLR) last announced its quarterly earnings results on Wednesday, May 31st. The technology company reported ($0.04) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.10) by $0.06. Xplore Technologies Corp had a negative return on equity of 8.67% and a negative net margin of 3.27%. The company had revenue of $16.95 million during the quarter, compared to the consensus estimate of $18 million. On average, equities analysts anticipate that Xplore Technologies Corp will post ($0.06) earnings per share for the current year.
Several hedge funds and other institutional investors have recently bought and sold shares of the company. Russell Investments Group Ltd. purchased a new position in Xplore Technologies Corp during the fourth quarter valued at $142,000. Renaissance Technologies LLC boosted its position in Xplore Technologies Corp by 2.2% in the fourth quarter. Renaissance Technologies LLC now owns 103,000 shares of the technology company’s stock valued at $208,000 after buying an additional 2,200 shares in the last quarter. Finally, Merriman Wealth Management LLC boosted its position in Xplore Technologies Corp by 6.2% in the first quarter. Merriman Wealth Management LLC now owns 588,261 shares of the technology company’s stock valued at $1,206,000 after buying an additional 34,303 shares in the last quarter. 22.00% of the stock is owned by institutional investors.
About Xplore Technologies Corp
Xplore Technologies Corp. (Xplore) is engaged in the development, integration and marketing of rugged mobile personal computers (PCs). The Company’s rugged tablet PCs are designed to withstand various conditions, such as extreme temperatures, driving rain, repeated vibrations, dirt, dust and concussive shocks.
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